1628 Ironwood DrSouth Bend, IN 46635

Property Details for 1628 Ironwood Dr

Year built

1965

Construction

WOOD

Lot size

0.62 AC

Property size (Sq ft)

4,100 SF

Property type

Retail properties

Property subtype

Retail space

APN

71-04-32-351-002.000-004

APU

710432351002000004

Description

This newly renovated 6,500 square foot commercial property in the Michiana submarket offers unparalleled versatility. The space seamlessly blends a 4,000 square foot retail/office area with a 2,500 square foot attached warehouse, providing a unique opportunity for a variety of businesses. The office space features a spacious open layout, three private offices, and updated restrooms including separate staff facilities. Modern amenities include vinyl plank flooring, LED lighting, and 9-10.5 foot suspended ceilings (adjustable). Large street-facing display windows maximize visibility. The attached warehouse, measuring 50' x 50', boasts heavy-duty shelving, an overhead garage door, and ample parking, making it ideal for storage or light manufacturing. The property also includes a generous, fully lit on-site parking lot and a lighted street sign ready for tenant branding. The building's dimensions are 50' x 80'. Additional adjacent acreage is available for future expansion. This single-tenant property underwent a complete renovation in 2023, offering a move-in ready space with modern finishes and functionality. Its adaptable design caters to businesses seeking a blend of office and warehouse space in a convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,060,757

  6.5%

  $979,161

  7%

  $909,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,345,743

  Geo Method

  $1,345,743

• Alternative Use

  Use

  Valuation

  Residential

  $825,959

  Hospitality

  $756,574

  Educational

  $629,460

  Medical

  $651,108

  Retail

  $979,161

Location Insight

City

South Bend

County

St. Joseph

State

Indiana

Latitude

41.6977

Longitude

-86.216

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].